Ansal Properties QI PAT dips 40.46% at Rs 19.40 cr

Published: Thursday, July 31, 2008, 13:05 [IST]

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New Delhi, Jul 31 (UNI) Real estate developer Ansal Properties today said it has recorded a 40.46 per cent decline in its net profit at Rs 19.40 crore for the first quarter ended June 2008, against Rs 32.59 crore during the corresponding period last year.

The company's total income rose to Rs 175.22 crore, from Rs 156.60 crore for the quarter ended June 2007, posting a jump of 11.89 per cent.

The consolidated net profit of the Group has come down by 33.61 per cent to Rs 21.59 crore for the quarter ended June 2008, as compared to Rs 32.52 crore over the same period a year ago.

The consolidated total income has increased from Rs 184.05 crore for the quarter ended June 2007 to Rs 206.13 crore for the quarter ended June 2008, thereby registering a 11.99 growth.